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Federal Signal FSS Restructuring Charges

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Other financials

Income statement

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Revenue$625.6M+34.9%
Gross profit$179.4M+37.2%
Operating income$99.7M+51.8%
Net income$70.4M+52.1%
EPS (diluted)$1.14+52.0%

Balance sheet

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Cash & equivalents$71.4M+24.2%
Total debt$589.1M+80.7%
Total equity$1.4B+19.3%
Total assets$2.5B+30.6%

Cash flow

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Operating cash flow$101.3M+176%
CapEx$6.7M+19.6%
Free cash flow$94.6M+204%

Valuation

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Market cap$7.95B+4.3%
Enterprise value$8.46B+7.6%
P/E29.4×-5.0×
P/S3.4×-0.5×

Profitability

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Gross margin29%+0.2pp
Operating margin16%+0.6pp
Net margin11.6%+0.5pp
FCF margin12.4%+1.9pp

Returns & leverage

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Return on equity20.5%+1.7pp
Debt / equity0.4×+0.1×
Current ratio2.8×+0.5×

Where this comes from

Reported directly by Federal Signal in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The source filing: Federal Signal’s 10-K, filed March 1, 2023.

Filed
Mar 1, 2023
Fiscal year
FY2022
Accession
0000277509-23-000004
(in millions, except per share data)For the Years Ended December 31, 2022For the Years Ended December 31, 2021For the Years Ended December 31, 2020
Selling, engineering, general and administrative expenses171.7149.2149.2
Amortization expense12.910.99.6
Acquisition and integration-related (benefits) expenses(0.5)(2.1)2.1
Restructuring1.3
Operating income160.8130.7131.4
Interest expense10.34.55.7
Debt settlement charges0.1
Pension settlement charges10.3

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Federal Signal's restructuring charges?
Federal Signal (FSS) reported restructuring charges of $0 in Q4 2022.
What does restructuring charges mean?
One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.

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